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Daily Pivots: (S1) 0.6672; (P) 0.6693; (R1) 0.6707; More… Intraday bias in AUD/USD remains on the downside. Fall from 0.6798 short term top is in progress for 38.2% retracement of 0.6361 to 0.6798 at 0.6631. Strong support would be seen there to bring rebound. On the upside, above 0.6714 minor resistance will turn bias back […]

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EUR/AUD Daily Outlook

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EUR/USD Mid-Day Outlook

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30/11/2023

EUR/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9563; (P) 0.9608; (R1) 0.9632; More… EUR/CHF’s fall from 0.9683 accelerated to as low as 0.9547 so far today. The development confirms rejection by 0.9691 resistance, and dampened the case of larger bullish reversal. Intraday bias is now on the downside for 61.8% retracement level of 0.9416 to 0.9683 at 0.9518. Sustained […]
16/03/2024

EUR/AUD Weekly Outlook

EUR/AUD recovered after drawing support from 1.6450, but upside is still capped by 1.6606 minor resistance. Initial bias stays neutral this week first. On the upside, firm break of 1.6606 will retain near term bullishness and bring retest of 1.6742. Break there will resume larger rise from 1.6127. On the downside, however, decisive break of […]
20/06/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 157.76; (P) 157.94; (R1) 158.27; More… Intraday bias in USD/JPY is back on the upside with break of 158.25 temporary top. Choppy rise from 151.86 has resumed and is now targeting a retest on 160.20 high. But upside should be limited there, at least on first attempt. On the downside, below 157.59 […]